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BSocial Token (BINS)
BSocial Token (symbol: BINS) is the representing cryptocurrency for Bsocial.pro, which implies the direct relationship between BINS and the total business value of the social network ecosystem of BSocial. BINS is set on Binance Smart Chain, bringing users convenient trading and other benefits such as fast transaction speed and high-degree decentralization. BINS will be utilized for account activation payment at Bsocial.pro. At the same time, the revenue from account activation will be redistributed to top platform contributors

TOKENOMIC

Overview

  • Token Name: BSocial
  • Symbol: BINS
  • Decimals: 18
  • Network: Binance Smart Chain
  • Total Supply: 1,000,000,000
  • Contract: 0x822dc83fa4dc997fff24d0bc0a66fcb2954a6156

Distribution

  • IDO: 40%
  • Add Liquidity: 40% (locked for 1 year)
  • Dev: 15% (locked for 1 year)
  • Airdrop, Listing & IDO Fee: 5%

Token Use Cases

  • Account activation payment at Bsocial.pro
  • Revenue sharing among top platform contributors
  • Mechanism: 2% buying fee and 5% selling fee, used to pay expenses in marketing, product development, buy back programs and exchange listing

Fair Launch

The spirit of a successful social network is the unity of its community. Therefore, BINS will be released in Fair Launch distribution model to show our compliance with the viewpoint.
All revenue gained from the Token Sale will be deposited into the liquidity pool and locked for 1 year by Unicrypt.network. Meanwhile, the team’s token proportion will also be locked for 1 year. This will allow sufficient time for us to scale up the entire product-user ecosystem of BSocial.
The anti-whale function will also be applied in the first 15 minutes after Pancake listing. The maximum purchasing capacity for each buy order is 400,000 BINS.

Specialized Growth Mechanism

There might be concerns about the origin of the funds used for project development. In regards to that, our mechanism applies a 2% tax fee on each buy order and 5% on each sell order, which will then generate sufficient funds to cover development and marketing expenses, CEX listing, token buy back, token burn programs and organize community events at Bsocial.pro